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Lenovo Approaches Blackberry

10/17/2013 4:10PM

Chinese PC maker Lenovo is actively considering a bid for all of BlackBerry and has signed a nondisclosure agreement with the Canadian smartphone maker. Dana Cimilluca joins the News Hub. Photo: Getty Images.

This transcript has been automatically generated and may not be 100% accurate.

... the the ... welcome ... new sub at the beest live I'm Simon Constable ... China's Lenovo group is actively considering a bid full all of smartphone maker of Black parade the Chinese personal computer smartphone maker signed a nondisclosure agreement to ... look at Leslie's books will Street dolls deputy head of the thing that some of the songs are now on the site thank you for being him ... now with the black worry is the beleaguered I think it will will people say about it ... I saw their terminus at a fast um ... um I mean really rough on them or to get dealing in sort of in the works anywhere I so this will come on top of that yes ... yes and very unusual situation I mean beleaguered I think is is totally fair unit them playing out ads in newspapers including our own this week trying to reassure customers ... use the comments in bankruptcy does that ... actually went to look at the news of its with its core it's it's windy it is it fair to them a lot of people still use BlackBerrys ... and they do but this is of real cool or cold is so small business ... he's he's tremendously competitive ... advantage and ... did did something that the new technology is advancing so quickly you don't ... keep up you really can be toast ... the wall what Lenovo get out of this that's the question ... well it's still like the sense that so that enormous number cuts recently and as they said tens of millions of others a lot of people who are still very addicted to their blackberries ... on yet that for sure yall Noble's largely PC company ... and they've been very vocal their leadership isn't very vocal that they ... they think there's real value in putting a ... PC maker together with a handheld device maker ... and and you can get for very cheap racing BlackBerry back in the day at a valuation on a fifteen hundred billion night the house to get it for ... five billion dollars or less ... now what any deal on this to mean any scrutiny because one of the things about what was that that the security features on black brace of Aberdeen very bright tights absolutely that's the key thing here and we deftly have to keep in mind ... I would be a marquee landmark purchased by a Chinese company that they're very large question marks around whether the Keating government will up with a loud when the U S government would allowing others enormous number number Defense Department officials use BlackBerrys ... present Obama quite possibly use a Blackberry so ... major regulatory Walt that they would have to climb if they are indeed ... better than the national security issues ... the the Fairfax Financial Holdings and considering I'm ... out there right that that ... and and and Lenovo an enormous positive ... somebody disclose that ... we know how to write ... this on someone's in trouble somewhat ... but the one that I would likely somebody ... that I mean interesting Lee there's servers weakened for a server says there ... there's two co founders now disclosure last week saying there they're still believe it or not ... this licenses of the BlackBerry there a lot of people lining up